BLND

Blend Labs, Inc.
NYSEUSDEQUITY Technology DELAYED
Last price
1.04
■ 0.00 (0.00%)
MARKET · —

Price

1D — H — L — Range — Vol —
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
1.02
Prev close
1.04
Day high
1.05
Day low
1.01
Volume
960.95K
Market cap
$241.24M
P/E (TTM)
—
52W range
1.00 – 3.62

Day trading desk

Current session · delayed
Gap from prior close
-1.92%
Prior close 1.04
VWAP
1.02
+1.54% from price
Relative volume
0.78×
Normal
Session range
3.96%
1.01 – 1.05
Position in range
75%
Near session high
ATR (14D)
0.07
7.01% of price
Prior day high
1.07
PDH
Prior day low
1.00
PDL
Bid / ask spread
—
Quote not published
Session volume
1.74M
Avg 2.22M

VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.

Trailing performance

Price return · vs SPY
Returnvs SPY
1W
-0.97% -2.9%
1M
-33.77% -34.9%
3M
-42.70% -47.2%
6M
-40.70% -58.9%
YTD
-66.45% -80.7%
1Y
-69.73% -86.2%
3Y
-25.55% -107.8%
5Y
— —

Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.

Unusual options activity

Account required
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
Free account required

Contracts trading at or above their open interest, ranked by notional and where the print landed.

Free account

17 more panels on BLND open with an account.

Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.

Insider net activity

6m · Form 4 rollup
Net shares
+7.64M
Net buying
Buy transactions
22
7.82M shares
Sell transactions
7
177.84K shares
Net transactions
+29
Buys less sells
Sell : buy shares
0.0 : 1
Mixed
Insider-held shares
23.63M
Total on file
Bought 7.82MSold 177.84K

Insider transactions

Account required
DateInsiderAction SharesValueHeld
Sep 28, 26
GHAMSARI NIMA
Officer and Director
SELL 22.52K $24.82K Direct
Sep 21, 26
GHAMSARI NIMA
Officer and Director
SELL 21.01K $25.02K Direct
Sep 14, 26
GHAMSARI NIMA
Officer and Director
SELL 17.73K $25.27K Direct
Sep 11, 26
VENKATRAMANI SRINIVASAN
Officer
SELL 74.70K $106.83K Direct
Aug 20, 26
REAM JASON
Officer
— 550.00K — Direct
Aug 20, 26
GHAMSARI NIMA
Officer and Director
— 614.23K — Direct
Aug 20, 26
LING WINNIE
Officer
— 70.41K — Direct
Aug 20, 26
TKACH OXANA
Officer
— 37.50K — Direct
Aug 20, 26
VENKATRAMANI SRINIVASAN
Officer
— 81.25K — Direct
Aug 20, 26
THOMSON MATTHEW CHRISTOPHER
Officer
— 100.00K — Direct
Aug 17, 26
TKACH OXANA
Chief Financial Officer
SELL 21.21K $30.68K Direct
Aug 17, 26
HAVELI INVESTMENTS, L.P.
Beneficial Owner of more than 10% of a Class of Security
BUY 17.40K $25.12K Indirect
Aug 5, 26
THOMSON MATTHEW CHRISTOPHER
Officer
SELL 15.04K $30.14K Direct
Jun 15, 26
HAVELI INVESTMENTS, L.P.
Beneficial Owner of more than 10% of a Class of Security
BUY 1.16M $1.99M Indirect
What this is, and what it is not

These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.

A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.

This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.

Free account required

Officer and director trades in their own stock, straight from Form 4 filings.

Insider holders

10 reporting
NameRelationShares heldLatest
CHEN GERALD C
Director 10.17M Conversion of Exercise of derivative security
GHAMSARI NIMA
Officer and Director 7.83M Sale
HAVELI INVESTMENTS, L.P.
Beneficial Owner of more than 10% of a Class of Security — Purchase
JAFARI AMIR
Officer 1.04M Conversion of Exercise of derivative security
KNEAFSEY BRIAN
Officer 649.82K Sale
LANTZ ERIN N
Director 137.76K Conversion of Exercise of derivative security
LING WINNIE
Officer 530.11K Conversion of Exercise of derivative security
MAYOPOULOS TIMOTHY J
Director 431.13K Conversion of Exercise of derivative security
REAM JASON
Officer 416.07K Conversion of Exercise of derivative security
VENKATRAMANI SRINIVASAN
Officer 236.56K Sale

Fundamentals

TTM · reported
Market cap$241.24M
Enterprise value$367.57M
Revenue (TTM)$129.79M
Gross profit$97.06M
EBITDA$-14.48M
Net income$-16.57M
EPS (TTM)$-0.08
Free cash flow$23.51M
Total cash$44.87M
Total debt$2.04M
Book value / share$-0.31
Shares outstanding233.26M
Float188.27M
Short % of float5.88%
Dividend yield0.00%
Beta (5Y)1.08

Valuation & profitability ratios

Account required
Trailing P/E—
Forward P/E17.00
PEG ratio—
Price / sales—
Price / book—
EV / revenue2.83
EV / EBITDA-25.38
Gross margin74.78%
Operating margin-4.65%
Profit margin0.02%
Return on equity2.10%
Return on assets-5.66%
Debt / equity2.15
Current ratio1.63
Free account required

Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.

Financial statements

As reported · 5 years · 6 quarters
Blank means not reported, not zero
Line item2025202420232022YoY
Total revenue $123.58M$115.76M$109.55M$235.20M +6.8%
Operating revenue $123.58M$115.76M$109.55M$235.20M +6.8%
Cost of revenue $32.42M$32.54M$33.09M$145.55M -0.4%
Gross profit $91.17M$83.22M$76.46M$89.65M +9.5%
Research & development $32.84M$46.09M$81.26M$138.09M -28.7%
Selling, general & admin $79.19M$80.10M$118.75M$224.37M -1.1%
Total operating expense $112.03M$126.18M$200.01M$370.87M -11.2%
Operating income -$20.86M-$42.96M-$123.55M-$281.22M +51.4%
Net interest income $0-$6.75M-$30.81M-$24.79M +100.0%
Pre-tax income -$878.00K-$42.65M-$167.39M-$766.05M +97.9%
Tax provision $249.00K$109.00K$94.00K-$2.24M +128.4%
Net income -$8.05M-$49.60M-$185.32M-$768.61M +83.8%
Net income to common -$25.89M-$60.48M-$185.32M-$768.61M +57.2%
Basic EPS -0.10-0.24-0.76-3.28 +58.3%
Diluted EPS -0.10-0.24-0.76-3.28 +58.3%
EBIT -$878.00K-$35.90M-$136.57M-$741.26M +97.6%
EBITDA $2.94M-$32.50M-$132.25M-$726.85M +109.0%
Basic shares 258.95M253.92M245.21M234.16M +2.0%
Diluted shares 258.95M253.92M245.21M234.16M +2.0%

Options analytics

Account required
Put / call volume
12.00
Put-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
0.50
-51.0% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
+6.2%
Puts bid over calls
Call volume
1
Contracts, this expiry
Put volume
12
Contracts, this expiry
Heaviest call OI
0.50
0 contracts
Heaviest put OI
1.00
0 contracts

Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.

Free account required

Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.

Earnings

History & consensus estimates
Reported vs expected · EPS
QuarterEst.ActualSurprise
Jun 2026 0.020.03 +85.6%
Mar 2026 0.010.02 +36.0%
Dec 2025 0.010.03 +154.0%
Sep 2025 0.010.02 +72.5%
Forward consensus
PeriodEPSAnalystsRevenueGrowth
Current quarter 0.01 4 $32.47M -1.2%
Next quarter 0.01 3 $31.01M -4.2%
Current year 0.05 4 $128.17M +3.8%
Next year 0.06 4 $139.84M +9.1%

Analyst targets & ownership

Account required
Mean target$2.96
High target$4.00
Low target$1.80
Implied upside184.62%
Analyst count5
ConsensusNONE
Strong buy / Buy1 / 4
Hold1
Sell / Strong sell0 / 0
Held by insiders9.99%
Held by institutions69.99%
Institutions holding241
Free account required

Price targets, consensus spread, insider and institutional ownership.

Moving averages & technicals

Computed from 2Y daily closes
SMA 10
1.06
-1.79% from price
SMA 20
1.19
-14.61% from price
SMA 50
1.44
-29.19% from price
SMA 100
1.56
-33.38% from price
SMA 200
1.80
-43.40% from price
EMA 12
1.10
-5.49% from price
EMA 26
1.23
-15.22% from price
EMA 50
1.36
-23.75% from price
RSI (14)
28.0
Oversold
MACD (12,26,9)
-0.13
Hist -0.01
ATR (14)
0.07
7.14% of price
Realised vol 30D
51.7%
Annualised
Bollinger upper
1.50
20, 2σ
Bollinger lower
0.89
20, 2σ
50 / 200 cross
Death
1.44 vs 1.80
Trend bias
Below 200
-43.40%

Options chain

Account required
Expiry
Spot 1.04
Calls
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Puts
StrikeLastBidAskVolOIIV
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
000.000.000.000.00000.0%
Free account required

Every listed expiry, both sides of the book, with volume, open interest and implied volatility.

Risk profile

Daily returns · 1Y window
Beta vs SPY
1.54
More volatile than market
Correlation to SPY
0.29
Largely independent
Realised vol 30D
51.7%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-71.3%
Peak to trough
Max drawdown 5Y
-96.5%
Peak to trough
ATR 14
0.07
7.14% of price
Beta (reported)
1.08
5Y monthly, from filing

Short interest

Semi-monthly exchange report · lags by ~2 weeks
Shares short
11.98M
Prior 12.06M
Change vs prior
-0.6%
Shorts covering
% of float
5.88%
Normal
% of shares out
5.07%
Against total outstanding
Days to cover
6.2
Crowded exit
Float
188.27M
Freely tradeable shares

Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.

Rating changes

98 on file
DateFirm ActionFromTo
Aug 13, 26 Canaccord Genuity MAINTAINED Buy Buy
Aug 7, 26 Wells Fargo MAINTAINED Overweight Overweight
Jul 21, 26 Citizens MAINTAINED Market Outperform Market Outperform
May 15, 26 Canaccord Genuity MAINTAINED Buy Buy
May 8, 26 Citizens MAINTAINED Market Outperform Market Outperform
May 8, 26 Keefe, Bruyette & Woods MAINTAINED Market Perform Market Perform
Mar 11, 26 UBS MAINTAINED Neutral Neutral
Mar 11, 26 Wells Fargo MAINTAINED Overweight Overweight
Mar 11, 26 Citizens MAINTAINED Market Outperform Market Outperform
Nov 10, 25 UBS MAINTAINED Neutral Neutral
Oct 28, 25 Canaccord Genuity MAINTAINED Buy Buy
Aug 22, 25 Canaccord Genuity MAINTAINED Buy Buy

Dividends & splits

Declared · from the issuer
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split—
Split date—

PRIVATE STRATEGY · BY QUALIFICATION

The same data. A different seat.

The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.